Having realised the incredible savings made from the mass-adoption of self-service checkouts, Woolworths (ASX: WOW) could soon have an array of other automation-driven initiatives having secured the controlling interest of data science company Quantium for $223 million. The investment will increase Woolworth’s existing shareholding from 47% to 75% following a hugely successful partnership where Quantium’s
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According to the Australian Department of Health, half of us will experience some form of mental illness in our lifetime. Treatment is somewhat limited to prescription medications and psychotherapy. However, the current mental health crisis has seen researchers and practitioners alike wondering- is there a better way to approach these frighteningly common conditions? Enter psychedelics,
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More than 230 million adults in China suffering from hypertension, a modifiable risk factor, will be able to reduce their risk of heart attack now that medtech company Uscom (ASX: UCM) has had the BP+ device approved for sale by Chinese regulators. Installed on the International Space Station, the BP+ is a patent-protected device that
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While Australian influence on the field of America’s National Football League (NFL) is growing, the bigger influence is coming off the field with sports tech and data analytics company Catapult (ASX: CAT) contracted by all 32 teams in the league now that the Atlanta Falcons are sick of losing, and have signed up. The Falcons,
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Progressing their next-gen 300-hectare avocado project in Western Australia, sustainable agriculture specialist Alterra (ASX:1AG) could soon be extending the live-at-home lives of millenials that continue to prioritise smashed avo cafe breakfasts ahead of financial independence. The Company has released an update today on the progress of their flagship 300-hectare avocado project. The Carpenters Project, located
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News of the international travel bubble between Australia and New Zealand is music to the ears of Qantas (ASX: QAN) CEO Alan Joyce, who has probably endured the toughest gig amongst top executives having had to navigate $11 billion in lost revenue through no fault of their own. While the airfares will be one way
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Streamlining operations to focus on the most profitable side of their pharmaceuticals manufacturing business, Pharmaxis (ASX: PXS) has shored up its cash position via the sale of distribution rights in Russia for their cystic fibrosis treatment which is gathering international momentum. The deal will send exclusive distribution rights in Russia to specialty company GEN İlaç
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Zip Co (ASX: Z1P) is nipping at the heels of Australian BNPL leader Afterpay (ASX: APT), based on today’s announcement of their Q3 results. Despite the pandemic, Zip has managed to maintain momentum and deliver strong results across Australian, New Zealand, UK and US markets bolstering itself as one of the fastest growing BNPL leaders.
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Life expectancy rates following the diagnosis of cancer could soon be significantly improved through early detection if biotech company Universal Biosensors (ASX: UBI) is successful in their newest research collaboration aiming to instantly identify cancer cells from a simple finger prick. The research project will be part of an exclusive collaboration between Deakin University’s Institute
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IT and consumer electronics retailer Harris Technology (ASX: HT8) has delivered a whopping 206% increase in quarterly year-on-year revenue partially assisted by the demand of high-end gaming graphic cards used for Bitcoin mining. For the quarter ended 31 March 2021, Harris Technology has reported $10.4 million (unaudited) in sales revenue which would represent a 206%
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